Peakoilbarrel.com

By Gail Tverberg We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and falls for economic reasons? If this is the issue, it doesn...

at their meeting in Vienna on Wednesday, the member nations of OPEC agreed to cut their oil production by 4.5% for a period to run 6 months, effective January 1st...the amount of oil output each member is expected to forgo is generally based on their...

Editor’s Note: Earlier this month SUSRIS provided the International Monetary Fund’s readout from its consultations in Saudi Arabia — an annual event that allows the IMF to assess the health and prospects of the economy. This spring’s IMF team reported...

Oil output (crude plus condensate or C+C) is likely to peak by 2020 (or may have peaked already in 2015 or 2016). Electric Vehicles (EVs) and Plugin hybrid electric vehicles (PHEVs) may allow about 40 percent of current oil consumption to be substituted...

by Frank Holmes, U.S. Global Investors, Russian President Vladimir Putin created a stir recently when he shared his thoughts with Americans in an op-ed printed in The New York Times. According to The Times, very few pieces written by heads of state...